No deemed letting value Addition for vacant sites if no income was derived

Selvaraj Shanthamani Vs ITO (ITAT Chennai) Assessee is aggrieved by confirmation of certain additions of Rs.13.51 Lacs which represent deemed letting value of four properties owned by the assessee. Village Administrative Officer has certified that these properties are vacant sites. The said certificates were furnished by the assessee during e-proceedings also. The assessee, vide submissions dated 24.02.2021, submitted that these properties were vacant sites only and no income was derived from these vacant sites. To support the same, the payment receipts of vacant site development charges as pa...